Bucharest, May 20, 2015 – P3, the specialist owner, developer and manager of European logistics properties, has moved into larger premises in Bucharest to accommodate an expanded country team and to be more accessible to clients at P3 Bucharest park, the company's first investment in the Romanian market.

Cora Stolz, Country Head for P3 in Romania said: “We’ve increased our team in Bucharest by five people and we will be recruiting further in 2015 to maintain our hallmark high level of client servicing as P3 continues on its dynamic growth trajectory in Romania.”

P3’s new Romanian office is located in the well-known Cotroceni business district of the city, within a modern building built in 2012 to the highest standards. The office is double the size of P3’s previous premises, with underground parking available and excellent accessibility to the Eroilor metro Station and bus stops nearby.

Earlier this year, P3 acquired the largest logistic park in Romania from CA Immo. The P3 Bucharest Park, consists of 215,000 m2 of space that is fully occupied, plus 40 ha of land for development.

P3’s new address is: Sfântul Elefterie Street, No. 18, 3th Floor, District 5, Bucharest. All telephone numbers remain unchanged.




P3 is a specialist owner, developer and manager of European logistics properties. Active throughout Europe, P3’s asset base comprises 141 warehouses, totalling 2.9 million m2 of space across 9 countries and a land bank with zoning for more than 1.6 million m2 of potential development.

P3’s mission is to provide warehouse tenants with a first rate occupancy experience in high quality assets in key logistics locations. P3 develops environmentally sustainable warehouses that meet the highest international standards.

PointPark Properties has adopted “P3” as a corporate brand and will use the trading name P3 Logistic Parks to better reflect the company’s core business. You can find more information about P3 on our new website www.p3parks.com.

P3 is owned by TPG Real Estate and Ivanhoé Cambridge.